February 23, 2018
Grain futures are moving higher this morning, getting a lift from signs of fresh export demand and weather concerns that stretch from Argentina to the southern Plains. South Korean buyers returned to the corn market this week for multiple purchases and export sales from last week reported this morning are also expected to be good. Dry weather continues to lower forecasts for Argentine corn and soybean production, while weather maps turned drier again for the southern Plains.
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Bryce Knorr first joined Farm Futures Magazine in 1987. In addition to analyzing and writing about the commodity markets, he is a former futures introducing broker and is a registered Commodity Trading Advisor. He conducts Farm Futures exclusive surveys on acreage, production and management issues and is one of the analysts regularly contracted by business wire services before major USDA crop reports. Besides the Morning Call on www.FarmFutures.com he writes weekly reviews for corn, soybeans, and wheat that include selling price targets, charts and seasonal trends. His other weekly reviews on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.
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